Net direct tax kitty grows 16% on corporate refunds
Hindustan Times Punjab|December 19, 2024
Gross direct tax collection in 2024-25 (as on December 17) saw a 20.32% year-on-year (y-o-y) jump to ₹19.21 lakh crore, but net collection in the period saw a 16.45% increase at ₹15.82 lakh crore on higher refunds of ₹3.39 lakh crore, particularly on account of corporates, government data said.
Rajeev Jayaswal

NEW DELHI:

Gross corporate tax (CT) collection in the current financial year (as on December 17, 2024) posted 16.92% annualised growth to ₹9,24,693 crore, but net saw only 8.57% y-o-y increase because of higher refunds. Refunds to corporates jumped 70.32% to ₹1,82,086 crore as compared to ₹1,06,904 crore in FY24 (as on December 17, 2023), according to data released on Wednesday.

Diese Geschichte stammt aus der December 19, 2024-Ausgabe von Hindustan Times Punjab.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 19, 2024-Ausgabe von Hindustan Times Punjab.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS HINDUSTAN TIMES PUNJABAlle anzeigen
Modi, Shah hit back in raging Ambedkar row
Hindustan Times Punjab

Modi, Shah hit back in raging Ambedkar row

Political slugfest intensifies

time-read
2 Minuten  |
December 19, 2024
Hindustan Times Punjab

UP Police announce ₹25,000 reward for accused in Sunil Pal, Mushtaq Khan abductions

The Meerut Police in Uttar Pradesh has announced a reward of ₹25,000 for information on Lavi Pal, the main accused in the abductions of comedian Sunil Pal and actor Mushtaq Khan.

time-read
1 min  |
December 19, 2024
Hindustan Times Punjab

Kapil Sharma says 'Don't spread hate' amid criticism for alleged racist remark against Atlee

Comedian-talk show host Kapil Sharma has been facing intense criticism for seemingly making a joke about filmmaker Atlee's appearance on his comedy-talk show, The Great Indian Kapil Show.

time-read
1 min  |
December 19, 2024
Hindustan Times Punjab

India has every reason to be proud: Shahana on Santosh being shortlisted for Oscars nom

Actor Shahana Goswami's film Santosh, has inched closer to being nominated for the International Feature Film category in the 2025 Academy Awards.

time-read
1 min  |
December 19, 2024
Hindustan Times Punjab

ZELENSKY TO MEET EUROPEAN LEADERS AS TRUMP LOOMS

Ukrainian President Volodymyr Zelensky was to meet Nato chief Mark Rutte and key European leaders in Brussels on Wednesday to discuss \"next steps\" on Russia's war as Donald Trump prepares to take office as US president.

time-read
1 min  |
December 19, 2024
Hindustan Times Punjab

Israeli strikes kill 20 in Gaza

ISRAEL-HAMAS WAR AMID TRUCE TALKS

time-read
1 min  |
December 19, 2024
Hindustan Times Punjab

Relief for quick comm as CCI not keen to step in

The Competition Commission of India (CCI) is unlikely to open an investigation of its own accord into allegations of anti-competitive practices by quick commerce companies including Zepto, Instamart, and Blinkit, according to two persons privy to the development.

time-read
2 Minuten  |
December 19, 2024
Hindustan Times Punjab

CEO death: Luigi Mangione indicted for murder

Luigi Mangione was indicted in New York on first-degree murder charges for the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson in a shocking case that prosecutors said amounted to an act of \"terrorism\".

time-read
1 min  |
December 19, 2024
Hindustan Times Punjab

ZELENSKY TO MEET EUROPEAN LEADERS AS TRUMP LOOMS

Russia has arrested Akhmad Kurbanov of Uzbekistan, who was promised $100,000 and resettlement in an EU country, by Ukraine's security service for the killing

time-read
3 Minuten  |
December 19, 2024
Hindustan Times Punjab

France's highest court upholds Sarkozy's corruption conviction

The Cour de Cassation, France's highest court, upheld on Wednesday former president Nicolas Sarkozy's conviction for corruption and influence peddling.

time-read
1 min  |
December 19, 2024